WasteCo Group Limited (WCO.NZ) Stock Analysis & Winston Score
WasteCo Group Limited is a New Zealand-based waste management company that collects, transports, and processes rubbish and recyclable materials. Its main customers are local councils, businesses, and residential households across New Zealand. The company operates in the broader waste collection and disposal industry, competing with larger players for regional contracts. WasteCo earns revenue primarily through service contracts for waste collection and recycling processing, charging fees based on volume or scheduled pickups. The company is relatively small, with a market cap near zero, and its thin gross margin of around 6% and negative operating margin suggest it is currently spending more than it earns from operations. The key risk facing WasteCo is its weak profitability — negative returns on capital and tight margins leave little room for error, and the company will need to either win larger contracts, cut costs, or raise prices to reach sustainable profitability.
Winston Score: 16/100 — Weak
Weak fundamentals across most pillars.
- Quality: Weak (1/30)
- Growth: Mixed (7/20)
- Cash Flow: Weak (1/10)
- Stability: Weak (0/10)
- Valuation: Data not available (0/10)
- Ownership: Mixed (6/15)

